March 19, 2022

FTX CEO Frustrated With Allegations About Russians Using Crypto to Bypass Sanctions

With the start of the war between Russia and Ukraine, cryptocurrencies have taken a few roles, being sent as donations to aid the attacked nation but also in speculations that Russian oligarchs used such assets to bypass sanctions. However, community insiders continue to refute these allegations, and the latest to do so was FTX’s founder...
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Fiat is Far More Common Than Bitcoin for Money Laundering, Confirms US Treasury Department

Earlier this month, the US Treasury Department released three-yearly reports covering money laundering, terrorist financing, and proliferation financing – all of which extensively discussed virtual assets. While noting many of their risks in these areas, they note that fiat currency and traditional networks are still far more commonly used than crypto in illicit finance. Crypto...
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Shiba Inu NFTs (Shiboshis) Down 70% Since Their ATH

Non-fungible tokens continue to make headlines, but it seems that not all projects can maintain their previous valuations. One particularly hyped drop that took place last year – The Shiboshis – is down over 70% since all-time high. This is the official NFT project of the Shiba Inu team – one of the most popular...
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Bitcoin To Record Bullish Weekly Close! Yet the BTC Price May Slip towards $33,000

Bitcoin price, throughout the past week, maintained a significant uptrend after flipping from the lower support. Currently, testing one of the crucial levels from the last trading day, the asset may witness a slight pullback. These levels are also important because the resistance level around $41,900 is also the neckline for the formed double-bottom pattern....
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BitMEX Arthur Hayes Thinks There’s a Financial Crisis Coming, Here’s Why

Last week, global investment bank Credit Suisse made a radical prediction: that the dollar’s era as the world reserve currency is coming to an end and that commodity money – such as gold – will rise to replace it. This week, BitMEX co-founder Arthur Hayes builds on those predictions. He, too, believes that hundreds of...
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Ethereum(ETH) Price Approaches $3000, But Wait, What if it is a Bull Trap as 40% Plunge is on Horizon!

The ETH price is close to $3000 levels where-in one can expect a huge influx of volume flooding in. The bulls are expected to get activated above these regions with mounting confidence. However, with another scenario being surfaced, the Ethereum price may undergo extreme drain in the upcoming week.  Many proponents do talk about the...
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Noyack Logistics Income (NLI) Became the First REIT to Accept Crypto Payments

The US real estate investment trust – Noyack Logistics Income (NLI) – partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to accept settlements of this type. NLI Jumps on the Bandwagon The latest organization to enable cryptocurrency settlements is the American alternative investment platform...
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Colombian Users Sue Binance For Blocking Their Funds

What’s worse than having money in your account and then suddenly receiving an email saying that you can’t access it because it presumably comes from illicit activities? That is what happened to a group of young Colombians who used to trade crypto in Binance —and they are not too happy about it. For more than...
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Bitcoin (BTC) $ 97,588.15 3.24%
Ethereum (ETH) $ 3,347.44 7.51%
Tether (USDT) $ 1.00 0.09%
Solana (SOL) $ 245.93 3.13%
BNB (BNB) $ 624.69 1.12%
XRP (XRP) $ 1.13 0.48%
Dogecoin (DOGE) $ 0.388488 0.33%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,347.13 7.37%
Cardano (ADA) $ 0.79843 4.04%